Former Birmingham chairman Carson Yeung has lost an appeal against his conviction for money laundering.

Yeung was jailed for six years in March 2014 after being found guilty of five counts of money laundering between 2001 and 2007. The businessman's appeal was rejected by the Hong Kong Court of Appeal on Wednesday.

There will now be an adjournment until May 15 when a decision will be made on his appeal against his sentence.

Yeung bought Birmingham in October 2009 from David Sullivan and David Gold,...